NOT LISTED FOR SALE

Water Club at Longboat 1241 Gulf of Mexico Dr Unit 204 Longboat Key, FL 34228

Estimated Value: $1,834,000 - $3,140,000

3 Beds
4 Baths
3,045 Sq Ft
$1,583/mo HOA Fee

Last Sold June 15, 2020

Last sale price $1,175,000 $386 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $17,831/month

142 Days on Market

Highlights

  • 650 Feet of Waterfront
  • Beach View
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of June 2020

Your ultimate Longboat Key Beach resort lifestyle awaits in the luxurious, amenity-rich Water Club, perfectly positioned with 650’ of sprawling beach frontage. From your exclusive under-building garage parking spot, take your private elevator directly to the entry foyer of this spacious 3BR residence, where walls of glass create a bright, tropically elegant ambiance befitting its world-class Gulf-front location. Newly carpeted floors flow throughout the main living area, where sliders open to unveil an expansive, tiled terrace and sparkling water views beyond. Wonderful vistas continue in the kitchen, which boasts gorgeous granite counters, a center island, built-in ovens and microwave, an eat-in area, white cabinetry and pass-through opening to the dining room. The split plan layout adds an element of privacy for the guest bedrooms and master suite, which is accessed through French doors and has his and her walk-in closets and two separate master bathrooms with marble floors and a walk-in shower. The guest bedrooms can comfortably accommodate guests or family, one with an en suite bath and both with terrace access. Additional features includes a separate laundry room. The Water Club is a pet-friendly, 24/7 security gated community offering owners concierge services, a 93’ pool, children’s pool, spa, 4 lighted Har-Tru tennis courts, fully equipped fitness center, Mediterranean Mansion clubhouse, private beach and so much more.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY License #0342109 Listed on: 01/10/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Jo Rutstein

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3085661

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,783

Year Built

  • Built in 1996

Lot Details

  • Private Beach
  • Public Beach
  • East Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $1,583 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Parking Garage Space

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Custom Home
  • Slab Foundation
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,045 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Storage Room
  • Inside Utility
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Humidity Control
  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Ranita Ruddle Association, Phone Number (941) 387-7719
  • Visit Association Website
  • High-Rise Condominium
  • Water Club Condos
  • Water Club At Longboat Key Community
  • Water Club 01 At Longboat Key Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • 12-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,783

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,583 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3045
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 3423
  • Directions to Property: Gulf of Mexico Drive to 1000 block. Community is on the west (Gulf) side. Through guard gate, make a left to go to South Building
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4455074?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4455074?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Subdivision Num: 8112
  • Property Description: High Rise
  • Call Center Phone Number: 800-746-9464
  • Subdivision Section Number: 16
  • Ratio: Close Price\List Price: 0.90734
  • Price per Sq Ft: 385.88
  • Close to Original List Price Ratio: 0.87037
  • Ratio: Current Price\Building Area Total: 343.27
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 12
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 1241
  • Room Count: 6
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Tennis Court(s)
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower, Sauna, Storage, Tennis Court(s)
  • Roof: Concrete
  • Pool Private: No
  • View: Park, Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Beach - Private, Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0126F
  • Waterfront Frontage: 650
  • Water Frontage Feet Gulf Ocean: 650
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Covered, Guest, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Gated Community, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Name: Ranita Ruddle
  • Phone: 941-387-7719 x 6
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 4750
  • Condo Fees Term: Quarterly
  • Association Website: www.waterclub-lbk.com
  • Association Email: office@waterclub-lbk.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1583
  • Complex Community Name NCCB: WATER CLUB
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 19000
  • Total Monthly Fees: 1583.33

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Parcel Number: 0009112010
  • Additional Parcels: No
  • Lot Features: In County, Near Golf Course, Near Public Transit, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: Application with $100.00 fee and $250.00 refundable common area deposit.
  • Num Timesper Year: 1
  • Pet Restrictions: 2 pets allowed, which when fully grown can be carried comfortably in all corridors, lobbies, elevators, and other areas of the building.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Renters No pets

Tax Info

  • Tax Annual Amount: 19783
  • Tax Book Number: 31-7
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Jun 15, 2020
Sold by
Akhoury Ravi and Anhoury Virginia J
Bought by
Benkelman Jill Marie and Benkelman Richard
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%
Current Estimated Value
$2,637,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,462,836
Avg. Annual Appreciation
19.77%
Original Mortgage
$800,000
Outstanding Balance
$714,454
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$2,309,167

Purchase Details

Closed on
Feb 1, 2002
Sold by
Hettinger Ann F and Hettinger Robnald F
Bought by
Akhoury Ravi and Akhoury Virginia J

Purchase Details

Closed on
Dec 14, 1995
Sold by
Longboat Dev Ltd Ptnr
Bought by
Hettinger Ann F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,600
Interest Rate
7.41%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Benkelman Jill Marie $1,175,000 Attorney
Akhoury Ravi $1,250,000 --
Hettinger Ann F $605,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benkelman Jill Marie $800,000
Previous Owner Akhoury Ravi $1,000,000
Previous Owner Hettinger Ann F $412,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $1,175,000 -9.3% $386 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $1,295,000 0.0% $425 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/20/2020 02/20/20 Price Changed $1,295,000 -4.1% $425 / Sq Ft
01/10/2020 01/10/20 For Sale $1,350,000 -- $443 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $23,842 $1,576,908 -- --
2023 $23,842 $2,130,700 $0 $2,130,700
2022 $20,970 $1,772,400 $0 $1,772,400
2021 $15,619 $1,070,300 $0 $1,070,300
2020 $15,131 $1,010,300 $0 $1,010,300
2019 $19,783 $1,356,500 $0 $1,356,500
2018 $20,138 $1,371,200 $0 $1,371,200
2017 $20,415 $1,371,300 $0 $1,371,300
2016 $20,826 $1,371,300 $0 $1,371,300
2015 $20,155 $1,299,100 $0 $1,299,100
2014 $18,559 $1,059,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4455074

Stellar MLS

APN: 0009-11-2010